the economies of India and Brazil are mixed type
mrug:
plz explain that statement
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1) In mixed economy,the private sector and public sector coexist.
2) In Brazil as well as in India ,the sectors like railway, electricity production,iron and steel industry,etc are owned and managed by public sector.
3) In Brazil as well as in India ,the sectors like banking, airways, health, education, telecommunication,etc are owned and managed by private as well as public sector. In this way ,there is mixed economy in Brazil and India
2) In Brazil as well as in India ,the sectors like railway, electricity production,iron and steel industry,etc are owned and managed by public sector.
3) In Brazil as well as in India ,the sectors like banking, airways, health, education, telecommunication,etc are owned and managed by private as well as public sector. In this way ,there is mixed economy in Brazil and India
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